The Securities and Exchange Commission (SEC) is an independent, quasi-judicial agency consisting of five commissioners.

Name: The Securities and Exchange Commission (SEC) is an independent, quasi-judicial agency consisting of five commissioners.
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The SEC is an independent federal agency, overseen by five commissioners appointed by the President, with the mission to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.

The Securities and Exchange Commission (SEC) Is an Independent, Quasi-Judicial